How to Get an Advance on Your Inheritance Without Going Broke
Feature Inheritance Advance Loan Repayment Taken from estate at probate close Monthly payments until paid off Interest Rate No traditional […]
This is where probate advances get expensive. Most companies charge 10-50% of the advance amount as a “fee”—not interest, because they claim it’s not a loan. But when you calculate the APR equivalent, it can be 30-200% or higher depending on how long probate takes.
Feature Inheritance Advance Loan Repayment Taken from estate at probate close Monthly payments until paid off Interest Rate No traditional […]
Pros Cons Quick access to funds High interest rates No credit check needed Reduced inheritance payout No monthly payments during